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Narryer Metals Limited (AU:NYM)
ASX:NYM
Australian Market

Narryer Metals Limited (NYM) AI Stock Analysis

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AU

Narryer Metals Limited

(Sydney:NYM)

Rating:36Underperform
Price Target:
Narryer Metals Limited faces significant financial challenges with persistent losses and negative cash flow trends that are a primary concern in evaluating the stock. Technical indicators suggest a neutral to bearish outlook, and the lack of clear valuation metrics further complicates the investment case. Stability from a strong equity position provides some balance, but overall, the stock is currently an unattractive investment.

Narryer Metals Limited (NYM) vs. iShares MSCI Australia ETF (EWA)

Narryer Metals Limited Business Overview & Revenue Model

Company DescriptionNarryer Metals Limited (NYM) is a mineral exploration company focused on the discovery, development, and commercialization of mineral resources. The company primarily operates in the mining sector, targeting precious metals such as gold and other valuable minerals. Its core activities involve identifying promising mineral deposits, conducting exploratory drilling, and advancing projects through the stages of development to eventually bring them to production.
How the Company Makes MoneyNarryer Metals Limited makes money primarily through the exploration and development of mineral resources, with a focus on precious metals like gold. The company generates revenue by selling the rights to these mineral resources, entering into joint ventures with larger mining companies, or advancing projects to production and selling the extracted minerals. Key revenue streams include exploration agreements, royalty arrangements, and partnerships with other companies in the mining sector. Factors contributing to its earnings include successful identification of high-potential mining sites, efficient project management, and maintaining strong relationships with industry partners.

Narryer Metals Limited Financial Statement Overview

Summary
Narryer Metals Limited is facing financial challenges with persistent losses and negative cash flows. The absence of revenue growth and reliance on financing highlight the need for strategic changes to improve financial health. The strong equity position offers some stability, but declining assets and equity are concerning.
Income Statement
10
Very Negative
Narryer Metals Limited has reported negative total revenue and gross profit across the periods. The net income has also been consistently negative, indicating ongoing losses. The lack of revenue growth and negative profitability metrics such as EBIT and EBITDA margins suggest significant challenges in generating income.
Balance Sheet
40
Negative
The company maintains a strong equity position with no debt, resulting in a debt-to-equity ratio of 0. However, the declining stockholders' equity over the years and a decreasing equity ratio highlight potential weaknesses in financial stability. The company's assets are decreasing, which could pose a risk if not addressed.
Cash Flow
30
Negative
Negative operating and free cash flows indicate cash outflows exceeding inflows, which can stress liquidity. The company relies on financing activities to sustain operations. Although there was a significant cash position, the continuous cash burn and negative cash flow growth are concerning.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
-11.89K0.000.000.000.00
Gross Profit
-11.89K0.000.000.000.00
EBIT
-1.99M-2.33M-2.71M-3.03M-10.04K
EBITDA
-1.70M-2.32M-247.84K-3.03M-3.66K
Net Income Common Stockholders
-3.48M-3.81M-2.96M-3.03M-13.70K
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.78M687.38K1.10M3.91M4.95M
Total Assets
3.03M2.10M1.54M4.41M5.34M
Total Debt
0.000.000.000.00107.40K
Net Debt
-1.78M-687.38K-1.10M-3.91M-4.84M
Total Liabilities
244.01K337.90K238.99K176.38K14.17K
Stockholders Equity
2.52M1.48M1.30M4.24M5.32M
Cash FlowFree Cash Flow
-2.15M-2.68M-2.81M-1.23M0.00
Operating Cash Flow
-2.09M-2.50M-2.80M-1.23M0.00
Investing Cash Flow
-52.73K-182.73K-9.68K0.000.00
Financing Cash Flow
3.04M2.27M0.005.14M0.00

Narryer Metals Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.05
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
47.30
Neutral
STOCH
-19.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NYM, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.30 is Neutral, neither overbought nor oversold. The STOCH value of -19.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NYM.

Narryer Metals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUGML
56
Neutral
AU$12.67M4.928.76%
AUCHN
56
Neutral
€628.28M-16.63%57.93%
51
Neutral
$2.03B-1.27-21.09%3.98%2.91%-30.50%
AUKTA
43
Neutral
AU$7.44M-103.26%-100.00%44.94%
AUNYM
36
Underperform
AUMEU
35
Underperform
AU$47.13M-2.31%-33.33%
AUFG1
35
Underperform
AU$13.30M-515.93%47.37%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NYM
Narryer Metals Limited
0.04
0.00
0.00%
AU:GML
Gateway Mining Limited
0.03
0.00
0.00%
AU:CHN
Chalice Mining
1.55
0.27
21.65%
AU:MEU
Marmota Limited
0.04
-0.01
-20.00%
AU:KTA
Krakatoa Resources Ltd.
0.01
0.00
0.00%
AU:FG1
Flynn Gold Ltd.
0.03
<0.01
50.00%

Narryer Metals Limited Corporate Events

Narryer Metals Announces Director Departure and Securities Interests
Apr 30, 2025

Narryer Metals Limited has announced the cessation of Damon O’Meara as a director effective April 30, 2025. This announcement includes details of O’Meara’s interests in securities, including unlisted options and performance rights, as well as shares held through various entities. The change in directorship could impact the company’s strategic direction and stakeholder interests.

Narryer Metals Advances Critical Mineral Projects Amid Rising Global Demand
Apr 30, 2025

Narryer Metals Limited reported significant findings from its recent aircore drilling at the Ivar Prospect within the Rocky Gully Project, revealing substantial scandium, gallium, and rare earth mineralization near the surface. The company plans further drilling to establish a maiden JORC resource amid increasing global demand due to China’s export restrictions on these minerals. Additionally, the Muckanippie Project in South Australia showed promising results with titanium-rich heavy mineral sands, highlighting the strategic positioning of Narryer’s projects in the critical minerals sector.

Narryer Metals Announces Director Resignation
Apr 28, 2025

Narryer Metals Limited announced the resignation of Mr. Damon O’Meara as a Non-executive Director, effective April 30, 2025. Mr. O’Meara, a founding director, played a crucial role in the company’s initial public offering on the ASX three years ago. His departure marks a significant change in the board’s composition, potentially impacting the company’s strategic direction.

Narryer Metals Schedules Extraordinary General Meeting for May 2025
Apr 24, 2025

Narryer Metals Limited has announced an Extraordinary General Meeting for its shareholders, scheduled to take place in person on May 27, 2025, in Perth. The meeting aims to discuss and vote on various resolutions, with shareholders encouraged to participate either in person or via proxy. The company has made the Notice of Meeting and Explanatory Memorandum available online, emphasizing the importance of shareholder engagement in the decision-making process.

Narryer Metals Limited Announces Extraordinary General Meeting for Share Ratification
Apr 24, 2025

Narryer Metals Limited has announced an Extraordinary General Meeting to be held on May 27, 2025, at their Perth office. The meeting will focus on ratifying the prior issue of placement shares, specifically 19,875,911 and 13,250,607 shares, under Listing Rules 7.1 and 7.1A, respectively. These resolutions are significant for shareholders as they pertain to the company’s share capital and voting rights.

Petratherm Advances Rosewood Titanium Project with Successful Phase 2 Drilling
Apr 17, 2025

Petratherm Limited, operating within the mining industry, has successfully completed the Phase 2 drilling program at the Rosewood Titanium Discovery and other prospects within the Muckanippie Project in South Australia. The program involved 128 air-core holes over 4,486 meters, aiming to extend the known heavy mineral mineralization. A significant milestone includes the collection of a 1-tonne bulk sample for metallurgical testwork, which will inform mineral recovery processes. The company has also expanded its interest in the project to 70% under the Narryer Metals Farm-in Agreement. This development positions Petratherm favorably within the titanium mining sector, potentially enhancing its market standing and stakeholder value.

Narryer Metals Unveils Promising Drilling Results at Rocky Gully Project
Apr 15, 2025

Narryer Metals Limited has announced significant findings from its recent drilling program at the Rocky Gully project in Western Australia, revealing extensive near-surface mineralization of scandium, gallium, and rare earth elements. This development is particularly timely given China’s recent restrictions on the export of these critical minerals, positioning Narryer Metals to potentially become a key player in supplying these materials. The project benefits from its location on previously disturbed land, access to existing infrastructure, and the favorable characteristics of the mineralization, which suggest low-cost extraction and processing. The company plans to advance towards a JORC Resource and is optimistic about the project’s potential scale and economic viability.

Petratherm Launches Phase 2 Drilling at Muckanippie Project
Mar 18, 2025

Petratherm Limited, a company listed on the ASX under the ticker PTR, has initiated the Phase 2 drill program at its Rosewood Titanium Discovery within the Muckanippie Project in South Australia. This program, consisting of 6,000 meters of air core drilling, aims to extend the known mineralization and gather bulk samples for metallurgical testing. The company is building on its previous success and recent funding to explore the potential of high-value titanium minerals, with implications for enhancing its market position and stakeholder value.

Petratherm Advances Rosewood Project with Positive Mineral Sizing Results
Mar 5, 2025

Petratherm Limited, a company involved in the exploration and development of heavy mineral sands, has announced significant progress in its Rosewood Project. The company has confirmed that the heavy mineral concentrate from the project is coarse-grained, making it suitable for conventional processing techniques. This advancement is crucial as it supports the potential for high-grade mineral recovery, particularly of valuable titanium minerals. The company plans to continue exploration and drilling to expand the mineralized area and conduct further metallurgical studies, indicating a promising future for the project and its stakeholders.

Narryer Metals Initiates Drilling to Expand REE Resources at Rocky Gully
Mar 3, 2025

Narryer Metals Limited has commenced a follow-up aircore drilling program at its Rocky Gully project in Western Australia, targeting rare earth elements and scandium mineralisation at the Ivar Prospect. This 50-hole drilling initiative aims to extend the mineralised footprint and explore new target areas identified through recent geophysical and geochemical surveys. The project holds significant economic potential due to its high-value mineral basket and proximity to infrastructure, with initial assay results expected in April.

Narryer Metals Reports High-Grade Titanium Discoveries in South Australia
Feb 19, 2025

Narryer Metals Limited announced further positive drilling results from its joint venture with Petratherm Limited at the Muckanippie Titanium Project in South Australia. These results indicate significant titanium mineralization at the Nardoo-Dukes and Claypan prospects, potentially marking another major deposit in the region. The company anticipates further exploration and metallurgical analysis, which could enhance its industry positioning and provide valuable insights for stakeholders.

Petratherm Unveils New High-Grade Titanium Discovery at Muckanippie
Feb 19, 2025

Petratherm Limited has discovered a new style of high-grade titanium mineralization in saprolite clay at its Muckanippie Project in South Australia. The exploration has identified significant heavy mineral concentrations, including ilmenite and leucoxene, across several prospects. These findings suggest potential for a large-scale, open-pit mining operation, enhancing Australia’s domestic supply of titanium, a critical mineral. The discovery is significant for the company, indicating a promising future for further exploration and potential expansion in the titanium market.

Narryer Metals Unveils Promising Drilling Results at Muckanippie Project
Feb 6, 2025

Narryer Metals Limited has announced significant findings from its exploration at the Muckanippie Titanium Project in South Australia, revealing high-grade heavy mineral concentrations over an 8km strike length. The discovery includes high levels of zirconium oxide, a valuable commodity, suggesting a strong potential for a significant deposit that could enhance the company’s market position and stakeholder interest. Further exploration is anticipated, with more results expected in the coming weeks.

Narryer Metals Unveils Promising Titanium Prospects at Rosewood
Feb 5, 2025

Narryer Metals Limited has announced promising results from its maiden exploration drilling program at the Rosewood Heavy Mineral Sand Prospect. The findings confirm a world-class potential for titanium mineralisation over a 15 square kilometre area that remains open. The drill results show exceptional continuity and thickness of high-grade mineralisation, encouraging further exploration, particularly to the north. The company plans to initiate further exploration drilling and trial mineral separation testing to evaluate ore recoveries and potential product sales, which could significantly impact its operations and market positioning.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.